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Stock Market & Financial Investment News

News Breaks
April 11, 2014
07:29 EDTPANW, FTNT, CHKP, SYMC, JNPRNetwork security Q1 survey shows 'respectable' demand, says Jefferies
Jefferies said its Q1 network security survey indicates "respectable" demand trends but with signs of seasonality. The firm sees the potential for modest revenue upside in Q1, but feels it will be on a more selective company to company basis relative to Q4. Jefferies states Palo Alto (PANW) continues to see the largest share gains while the survey data on Fortinet (FTNT) showed a "notable downtick" in expected growth.
News For PANW;FTNT;CHKP;SYMC;JNPR From The Last 14 Days
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September 2, 2014
07:55 EDTPANWPalo Alto business appears to be beating expectations, says Oppenheimer
Oppenheimer reports that its checks indicate that Palo Alto's business is tracking ahead of consensus estimates this quarter. The firm raised its price target on the shares to $90 from $80 and keeps an Outperform rating on the stock.
August 31, 2014
18:49 EDTSYMCSymantec interim CEO at top of candidate list for permanent job, Bloomberg says
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13:27 EDTSYMC, CHKP, PANW, JNPR, FTNTAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
13:20 EDTSYMC, JNPRCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
August 29, 2014
08:00 EDTFTNTCyber security outlook remains positive, says Wells Fargo
After conducting checks, Wells Fargo believes that demand for cyber security products remains strong, as increased spending trends seen in 1H14 are sustainable through 2H14 and into 2015. The firm thinks that Palo Alto (PANW) stands to benefit most from an upcoming improved network refresh cycle, while Fortinet (FTNT) seems to be gaining traction with enterprises. Wells keeps Outperform ratings on Fortinet PAl Alto and Fireeye (FEYE) and a Market Perform rating on Symantec (SYMC).
August 28, 2014
09:57 EDTCHKP, SYMCOn The Fly: Analyst Initiation Summary
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06:54 EDTPANWPalo Alto coverage resumed with a Buy at Stifel
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06:54 EDTSYMCSymantec coverage resumed with a Hold at Stifel
06:54 EDTFTNTFortinet coverage resumed with a Hold at Stifel
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06:54 EDTCHKPCheck Point coverage resumed with a Hold at Stifel
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August 26, 2014
09:04 EDTFTNTFortinet plans to establish R&D center in Singapore
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August 20, 2014
08:02 EDTPANWPalo Alto expands global distribution agreement with Westcon Group
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August 19, 2014
11:05 EDTJNPR, CHKPImperva seen as takeover candidate under new CEO
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08:42 EDTJNPR, CHKPImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
06:17 EDTSYMCSymantec turns attention to smartphones, connected devices, WSJ reports
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